SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MCX commences trading in RBD Palmolein Futures

07 Apr 2017 Evaluate

Multi Commodity Exchange of India (MCX), India’s No. 1 commodity exchange, commenced futures trading in Refined, Bleached and Deodorized (RBD) Palmolein on April 5, 2017. This new contract, expands the existing suite of Agri products being traded on MCX Platform. RBD Palmolein futures contract on MCX has garnered good response.

The exchange has currently launched May, June, and July 2017 contracts in RBD Palmolein, with 10 MT as the trading unit and Kandla (Gujarat) as the basis centre. The transaction charges on RBD Palmolein futures contract is Rs 1.0 per Rs 1 lakh of turnover.

This new RBD Palmolein futures contract, alongside the existing Crude Palm Oil (CPO) contract is expected to benefit refiners, importers, and palmolein end users, providing such market participants a complete solution to manage refining margins and hedge against unfavourable price movements in the global crude palm oil and palmolein markets.


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×